Cosco, BYD and SAIC Anji to invest $2.5bn in 21 new 11,000 ceu car‑carriers
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Cosco Shipping Specialized Carriers, BYD and SAIC Anji Logistics plan to jointly invest about $2.5 billion to build 21 car‑carriers each with a capacity of 11,000 car equivalent units (ceu).
Cosco is ordering up to 11 of the vessels, BYD is planning eight and SAIC Anji two; Xiamen Shipbuilding and Guangzhou Shipyard International are reportedly Cosco’s chosen builders. SAIC Anji issued a tender on 23 September inviting international shipbuilders that have completed at least ten LNG dual‑fuelled car carriers of 7,000 ceu or more between 1 January 2023 and 31 August 2026, with only a few Chinese yards meeting that criteria. If the new‑building orders are signed by year‑end, more than 100 car‑carriers would have been ordered this year, a record.